Merrill agreed to be bought by Charlotte, N.C.-based Bank of America Corp. just days after rival investment bank Lehman Brothers filed for bankruptcy protection.
The Federal Trade Commission says antitrust regulators have approved the transaction.
Antitrust regulators clear BofA-Merrill deal
NEW YORK
The deal, announced Sept. 15, is part of the rapid restructuring
of the U.S. financial system in the face of the global credit
crisis.
